Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. The company notes that this way, homebuyers can continue to own their Bitcoin and diversify into real estate, while potentially pocketing the price appreciation of both.

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Mortgage Clients Real Estate Technology 481

Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. What is on the horizon in 2022? Home prices are rising to record highs , and many policymakers and industry professionals have begun turning to building to ease shortages. Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains.

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Construction Supply Chain Housing Market Technology 468

The Appraiser Coach

JANUARY 18, 2022

In his classic novel Alice in Wonderland, author Lewis Carroll teaches an important principle through the character of the Cheshire Cat. Lost in the woods and faced with a crossroads, Read More.

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Advertising Real Estate Agent Government Business 369

Sacramento Appraisal Blog

JANUARY 18, 2022

Do you ever feel like it’s going to be a good week? I’m definitely feeling that way as I finally got rid of a nagging cold that wouldn’t go away. I tested negative multiple times, so this really was a cold. But besides that, season four of Ozark is coming out on Friday, so I’m […].

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Real Estate Marketing Buyers Housing Market 353

Housing Wire

JANUARY 20, 2022

The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe rates will continue to climb in the weeks and months ahead. “Mortgage rates moved up again as the 10-year U.S.

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Mortgage Lending Marketing 454

Appraisal Buzz

JANUARY 21, 2022

People were not just fighting to get gifts this holiday season, they were also eager to get into homes entering the market in droves. But those that entered the market were not just fighting astonishingly low inventory levels, but record high prices as well. According to Zillow’s December Home Market Report, home values grew a record 1.6% month-over-month in December, and that appreciation accelerated throughout much of the U.S.

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Home Value Inventory Appraisal Marketing 370

Eyes on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions and inventory fell to lowest level since January 1999, keeping home prices elevated and pricing out first-time and young buyers.

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Supply Chain Realtors Inventory Buyers 195

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents. FinCEN’s proposed regulation, outlined in an “advanced notice of proposed rulemaking” published in the Federal Register , seeks to create general recordkeeping and reporting mandates — n

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Real Estate Agent Real Estate Agents Insurance 437

Appraisal Buzz

JANUARY 19, 2022

In today’s Buzzcast, we dive into market value and how appraisers are moving forward in the new year. Today we have Joan Trice, Founder of Clearbox, LLC., and Michael Perry, CEO of Perry Appraisal Services. We’ll be getting the inside scoop while they discuss market value and this upcoming year in the industry. What are the important issues regarding market value that lie ahead in the year 2022?

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Market Value Marketing Appraisal 370

JMV Lending

JANUARY 20, 2022

“Flips” Still A Thing A “flip” is a home that has was recently purchased and then subsequently listed for sale – typically at a higher price point – within a specific time period (3 to 12 months, depending on investors or guidelines). With so many investors “flipping” homes, flips and flip issues are prevalent once […]. The post Desktop Appraisals Coming Soon; Flips too appeared first on JVM Lending.

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Appraisal Investors Lending 148

Eyes on Housing

JANUARY 21, 2022

According to the U.S. Census Bureau, the of the United States increased by 393,000 to an estimated 332 million from the previous year. In 2021, the estimated population growth rate of 0.12 percent was the lowest since the Bureau began collecting this data beginning in 1900.

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Housing Wire

JANUARY 20, 2022

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. NAR Research has tracked the number of homes viewed since 1987 and eight is the lowest number on record. Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful.

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Buyers Inventory Open Houses Technology 417

Appraisal Buzz

JANUARY 18, 2022

The Mortgage Bankers Association ‘s (MBA) new monthly Loan Monitoring Survey has revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of December 31, 2021. According to MBA’s estimate, 705,000 homeowners are in forbearance plans.

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Mortgage Appraisal 370

GoForrmz

JANUARY 18, 2022

GoFormz will be onsite as a Gold Sponsor at this year’s Acumatica Summit (January 23- 28, 2022) Next week, GoFormz will be sponsoring the Acumatica Summit in Las Vegas! Will we see you there? Check out more information below: About the event The Acumatica Summit is an annual event for Acumatica customers, partners, and industry leaders. With a variety of informative sessions, exhibitions, demos, and networking opportunities available, it’s truly an event you don’t want to miss.

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Business Marketing 148

Raleigh Realty

JANUARY 21, 2022

Downtown Raleigh Restaurants It was a tough job eating at so many of the best downtown Raleigh restaurants, someone had to do it though While we are a local Raleigh real estate company helping people buy and sell homes we love writing about all the best things about Raleigh Let me start by saying this article was damn near impossible to write. My article on the best restaurants in Raleigh was likely even easier since I had 17 restaurants to choose from.

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Clients Marketing Real Estate 147

Housing Wire

JANUARY 20, 2022

Hosted by Mortgage Capital Trading. Collateral valuation is a critical component of mortgage lending and the home sales process. During the Interest rates, origination volume and profit margins are constantly shifting based on a variety of factors, and it takes an efficient and intelligent operation to stay on top of it all. Most lenders react, rather than act, to changes in the environment.

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Mortgage Marketing Valuation Lending 417

Appraisal Buzz

JANUARY 20, 2022

The Mortgage Bankers Association Builder Application Survey released data for December 2021, showing mortgage applications for new home purchases decreased 7.1% compared from a year ago. Compared to November 2021, applications decreased by 5%. This change does not include any adjustment for typical seasonal patterns. “Applications to buy a new home slowed in December, while … The post Mortgage Applications Decreased 7.1% for New Home Purchases appeared first on theMReport.com.

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Mortgage Appraisal 221

GoForrmz

JANUARY 17, 2022

Easily share links to your HIPAA forms for patients and individuals outside of your GoFormz account with our Public Forms feature Creating HIPAA-secure forms is easy, requiring no code or IT support required to get started. First, start off by signing up for our HIPAA-secure edition, and then log in from a computer. Upload a JPG or PDF of your existing form and then simply begin using our powerful drag-and-drop digital fields onto your Template in our Template Editor.

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Raleigh Realty

JANUARY 16, 2022

17 Best Restaurants in Raleigh, NC WARNING: Your taste buds may never be the same after you try these Restaurants in Raleigh, NC If your mouth isn't watering yet, just wait until you see the pictures and read about each restaurant in Raleigh While our website is focused on real estate, and helping people find homes for sale - we love to provide value and local guides.

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Decorating Real Estate Business Realty 148

Housing Wire

JANUARY 18, 2022

Anthony Hsieh, the CEO of loanDepot , has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal , Hsieh has dropped approximately $50 million dollars on two properties located in Miami since the start of this year. He paid $30 million for a waterfront mansion on Star Island — a man-made island in Biscayne Bay, infamous for attracting rich and famous homebuyers — and $19.5 million for a condo in Miami.

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Real Estate Retail Investors Clients 413

Appraisal Buzz

JANUARY 21, 2022

Wolters Kluwer Compliance Solutions and Floify , a point-of-sale solution in the mortgage industry and subsidiary of Porch Group Inc., are collaborating to leverage the capabilities of Wolters Kluwer’s eOriginal product suite. The two companies are integrating Wolters Kluwer eOriginal’s digital promissory note (eNote) technology into Floify’s loan processing system through a hybrid e-closing process.

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Technology Appraisal Mortgage 195

Eyes on Housing

JANUARY 18, 2022

Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over the November 2020 level of 888,217. Year-to-date ending in November, single-family permits increased in all four regions. Southern region reported the strongest increase of 17.6%, followed by Northeast (+15.8%), West.

Construction 154

Construction Marketing 154

Valuation Review

JANUARY 17, 2022

Clear Capital recently announced ClearPhoto, a set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

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Appraisal Appraisal Process Technology Development 113

Housing Wire

JANUARY 21, 2022

The United States Court of Appeals for the Fourth Circuit ruled on Wednesday that borrowers can pursue a class action lawsuit against Carrington Mortgage Services regarding the fees it applied when collecting payments online or by phone. The plaintiffs – Ashly Alexander and Cedric Bishop – brought the case in September 2020, alleging that the mortgage servicer violated Maryland’s debt collection and consumer protection statutes by illegally charging $5 for monthly payments online or by pho

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Law Contracts Mortgage Design 407

Appraisal Buzz

JANUARY 21, 2022

On Friday afternoon, Ginnie Mae issued a new memorandum (APM 22-01) stating that they are streamlining its documentation requirements for servicers participating in the Federal Housing Administration’s (FHA) Advanced Loan Modification program (ALM). The memo does away with the requirement for recordation and title insurance in some cases. The new policy supports the current Administration’s “goal of assisting homeowners impacted by the pandemic get on the road to … The post Ginnie Mae Fu

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Eyes on Housing

JANUARY 20, 2022

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter posted a reading of 83, up four points from the fourth quarter of 2020. The reading is a sign of positive residential remodeler sentiment for projects of all sizes. The RMI is based on a survey that asks remodelers to rate various aspects of the remodeling market “good,” “fair”.

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Marketing 99

Hank Miller Team

JANUARY 18, 2022

The curtain fell on 2021 and the housing market report for greater Atlanta can be succinctly summed up; crazy. In addition the last quarter being traditionally slow, the big influences on the market were inflation levels unseen in 40 yrs, supply chain shortages, labor issues and of course the rise and run of the omicron covid variant. That is best described as an endemic; like the flu it's evident that the covid situation isn't going anywhere.

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Housing Market Supply Chain Marketing Buyers 103

Housing Wire

JANUARY 18, 2022

Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November , according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 51 basis points to 3.43%.

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Mortgage Marketing 407

Appraisal Buzz

JANUARY 21, 2022

The supply of available homes dropped again in December—a new low recorded by Zillow. The post Inventory of Homes Drops Again to 923,000 Units appeared first on DSNews. The post Inventory of Homes Drops Again to 923,000 Units appeared first on Appraisal Buzz.

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Inventory Appraisal 195

McKissock

JANUARY 18, 2022

Buying a house, an apartment, or a condo can feel like a daunting task, especially for first-time homebuyers. A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax

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Real Estate Agent Real Estate Agents Buyers 96

JMV Lending

JANUARY 20, 2022

Desktop Appraisals Are Coming! An appraiser recently charged us $2,000 for a basic appraisal in suburbia with a slightly larger lot and a moderately short time frame – because we could not find anyone else, and he knew it. BUT – with refis drying up and appraisals getting waived or easier, that appraiser is not […]. The post Desktop Appraisals Coming Soon appeared first on JVM Lending.

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Appraisal Lending 78

Housing Wire

JANUARY 19, 2022

San Francisco-based Side has taken the side entrance into New York. The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. “Wollberg will support and guide Side agent partners as the company expands its unique brokerage-as-a-service model into New York,” reads a Side press release Tuesday, which also notes: “Wollberg brings to the role over 35 years of experience in residential real estate and expansive knowledge of the Manhat

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Brokerage Real Estate Agents Valuation 406

Appraisal Buzz

JANUARY 21, 2022

Redfin agents report the biggest increase was in Austin, where rents surged 40% from a year earlier during the pandemic. The post U.S. Sees Biggest Rent Jump in Two Years appeared first on theMReport.com. The post U.S. Sees Biggest Rent Jump in Two Years appeared first on Appraisal Buzz.

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Agents Appraisal 195

Empire Appraisal Group

JANUARY 20, 2022

Buyers May Face Hidden Costs for Homes with Solar Power. By Kerry Smith. “Solar-powered home” sounds like a great money-saving deal, but buyers should study possible costs before committing. Not all property insurance companies will cover solar panels, and the ones that do have a wide-ranging set of rules and inconsistent coverage pricing. ORLANDO, Fla. – According to the U.S.

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Buyers Insurance Agents Legal 78